Europe: Industrial Robot Market 2024

Industrial Robot Market Size in Europe

The Europe industrial robot market was finally on the rise to reach $X in 2021, after two years of decline. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Industrial Robot Production in Europe

In value terms, industrial robot production skyrocketed to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Industrial Robot Exports

Exports in Europe

In 2021, shipments abroad of industrial robots for multiple uses was finally on the rise to reach X units after three years of decline. Total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -12.4% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, industrial robot exports skyrocketed to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 31% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the near future.

Exports by Country

Germany represented the largest exporting country with an export of about X units, which reached 36% of total exports. Italy (X units) held the second position in the ranking, followed by Sweden (X units), France (X units) and Austria (X units). All these countries together held approx. 36% share of total exports. Spain (X units), Luxembourg (X units), Finland (X units), Belgium (X units), the Netherlands (X units), Slovenia (X units), Croatia (X units) and the UK (X units) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, Croatia (+70.6%), Slovenia (+39.5%), Luxembourg (+24.1%), Finland (+8.8%), France (+7.9%), Belgium (+6.0%), Spain (+5.5%), Italy (+5.0%), the Netherlands (+4.3%), Austria (+3.2%), Sweden (+3.1%) and the UK (+1.4%) displayed positive paces of growth. Moreover, Croatia emerged as the fastest-growing exporter exported in Europe, with a CAGR of +70.6% from 2012-2021. From 2012 to 2021, the share of France, Luxembourg, Slovenia and Croatia increased by +2.3, +2.3, +2.1 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and France ($X) were the countries with the highest levels of exports in 2021, together comprising 49% of total exports. These countries were followed by Austria, Sweden, the UK, the Netherlands, Spain, Belgium, Finland, Luxembourg, Slovenia and Croatia, which together accounted for a further 32%.

Croatia, with a CAGR of +52.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, picking up by 3.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 when the export price increased by 12%. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while Croatia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+13.3%), while the other leaders experienced more modest paces of growth.

Industrial Robot Imports

Imports in Europe

In 2021, supplies from abroad of industrial robots for multiple uses was finally on the rise to reach X units after two years of decline. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 19%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, industrial robot imports skyrocketed to $X in 2021. Total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units), distantly followed by Italy (X units), Spain (X units), France (X units), Poland (X units) and the Czech Republic (X units) were the largest importers of industrial robots for multiple uses, together constituting 63% of total imports. The following importers - Belgium (X units), Austria (X units), the UK (X units), the Netherlands (X units), Sweden (X units), Luxembourg (X units) and Switzerland (X units) - together made up 23% of total imports.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +22.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported industrial robots for multiple uses in Europe, comprising 20% of total imports. The second position in the ranking was held by Italy ($X), with a 9.6% share of total imports. It was followed by France, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: Italy (+5.7% per year) and France (+3.6% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2021, picking up by 5.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2013 an increase of 7.4% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform